Quick Business Update – October | Larkland Morley's Professional Blog

Quick Business Update – October

I have been on vacation for the last week and ending this coming week-end. Just wanted to share my latest updates on my business quest. One of the things I have been focused on, is the issue of obtaining reasonable business financing to take the next step. While I have learnt some good ideas during this process, it seems the market is really tight out there and show why the economy is still in some degree of recession.

The challenge I am still seeing is the issue of honesty with those who claim they can provide services. While I have managed to eliminate some of the obvious ones that will rip-off, there are those who instead of coming clean, tries to use these white lies to drag things out. The reason for this is that maybe their sources are not working out but instead of admitting that upfront, they give you some story to buy time, unfortunately whatever they tried next may not work out, so in the end they looked like a real scam. Now these persons could have had good intention but I think sometimes the willingness to use lies to get bye also will reduce the quality of service. In other words, its like a catch 22. Whenever, you present the truth to customers, they will make a choice, continue to work with you or move on. That is very basic and long term common sense.

Anyway, on the plus side, I should be getting feedback on the actual performance of some trading platforms this week. These will provide very good returns so to get first hand knowledge that they work will be a great breakthrough for the next step in the financial journey.

In terms of the funding, there are still some genuine long term options out there but as I said, it takes time to weed out the decoy ones. I do feel that I am making progress overall in both learning and getting this done. I should have reasonable financing in place by end of the year at minimum. When I say reasonable, it means at least $500K funding.